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Construction of Fratelli Cosulich’s first methanol-ready bunker tanker begins in China
Business Developments & Projects

Construction of Fratelli Cosulich’s first methanol-ready bunker tanker begins in China

Fratelli Cosulich marked the beginning of the construction of its first methanol-ready IMO II bunker tanker, Anna Cosulich, at Taizhou Maple Leaf Shipyard in China.

about 1 year ago
A.P. Moller Holding wants to take Svitzer private again
Business & Finance

A.P. Moller Holding wants to take Svitzer private again

Danish investment company A.P. Moller Holding, the largest shareholder in towage services provider Svitzer, has decided to buy out all of the latter’s shares, moving it from a public company to a private one. A.P. Moller Holding has, through its wholly owned subsidiary APMH Invest, unveiled a recomm

about 1 year ago
An offshore platform
Business & Finance

UK firm broadens US presence with deepwater assets buy

London-based INEOS Energy has completed the acquisition of the U.S. Gulf business previously held by CNOOC Energy Holdings U.S.A. Inc., a U.S. subsidiary of China National Offshore Oil Corporation (CNOOC) International. According to INEOS Energy, the deal increases its production globally to over 90

about 1 year ago
SRC looking to expand global reach with new partner on board
Business & Finance

SRC looking to expand global reach with new partner on board

Marine and offshore solutions provider SRC Group has formed a partnership with Singapore-based engineering company SLR Synergies to expand its global footprint.

about 1 year ago
Described as China’s first pile-based offshore solar-fishery project, the Jimo offshore photovoltaic (PV) project is moving toward grid connection, with its first phase slated for completion in April.
Business Developments & Projects

‘China’s first’ pile-based offshore photovoltaic fishery project nears grid connection

Described by Huasun Energy as “China’s first” pile-based offshore solar fishery project, the Jimo offshore photovoltaic (PV) project is moving toward grid connection, with its first phase slated for completion in April. Developed by PowerChina New Energy Group, the 1.15 GW project integrates solar e

about 1 year ago
FPSO Cidade de Itajaí; Source: Altera Infrastructure
Business & Finance

Brazilian FPSO on track to change hands by month end

Karoon Energy is moving forward with the acquisition of a floating production, storage, and offloading (FPSO) vessel, which is deployed on its project off the coast of Brazil.

about 1 year ago
Bridge leading to an offshore platform
Business Developments & Projects

Indian player wins ‘landmark’ contract for giant field off Qatar

Larsen & Toubro (L&T), an Indian multinational enterprise engaged in engineering, procurement, and construction (EPC), has won a contract with QatarEnergy LNG, a subsidiary of Qatar’s state-owned energy giant QatarEnergy.

about 1 year ago
Crowley
Infrastructure

Crowley unveils LNG microgrid plan at San Juan logistics hub

Crowley, a US-owned and operated maritime, energy, and logistics solutions company, is set to install a microgrid fueled by liquefied natural gas (LNG) at its Isla Grande logistics terminal in Puerto Rico’s capital city of San Juan. As disclosed in late March this year, the energy system was envisio

about 1 year ago
C2X nets $100 million investment to step up green methanol game
Business & Finance

C2X nets $100 million investment to step up green methanol game

ENEOS, Maersk, and A.P. Moller Holding will invest $100 million in green methanol project developer C2X to advance its global methanol production portfolio.

about 1 year ago
Stena Line
Business Developments & Projects

A sneak peek at tomorrow’s vessels: Stena Line presents wind-powered, hybrid RoRo concept

Swedish ferry company Stena Line has unveiled a new wind-powered hybrid, several fuels-capable vessel concept that can reduce energy usage by 20 percent or more.

about 1 year ago
TGS' new Gulf of America data acquisition to help better decision-making for oil & gas operators
Business & Finance

TGS’ new Gulf of America data acquisition to help better decision-making for oil & gas operators

Norway-based energy data and intelligence company TGS has kicked off a new multi-client ultra long offset ocean bottom node (OBN) data acquisition project in the Gulf of America, with the data expected to help oil & gas operators make more informed decisions and mitigate drilling risks. The Amendmen

about 1 year ago
An offshore platform
Business Developments & Projects

Petrofac’s year off to a ‘great’ start with $500M worth of contracts in the bag

The Asset Solutions division of the UK-headquartered oilfield services provider Petrofac has won multiple scope expansion and new contracts across several continents.

about 1 year ago
New York
Business Developments & Projects

New York takes first step in ferry fleet renewable diesel overhaul

As part of a plan to slash greenhouse gas (GHG) emissions from the New York City ferry service, the state’s Department of Citywide Administrative Services (DCAS) has awarded the first tender to purchase renewable diesel for its ferries. As disclosed, the tender is part of a plan announced in October

about 1 year ago
Akcakoca platform; Source: Trillion Energy
Business & Finance

Gas production boost coming up next on giant Black Sea field’s horizon

Trillion Energy is a day away from resuming activities to put all the required puzzle pieces in place to increase and maintain natural gas production at its huge gas field in the Black Sea off the coast of Türkiye, thanks to a gas lift compressor system.

about 1 year ago
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